Introducing

Tom Moeller

Prior to joining Haver Analytics in 2000, Mr. Moeller worked as the Economist at Chancellor Capital Management from 1985 to 1999. There, he developed comprehensive economic forecasts and interpreted economic data for equity and fixed income portfolio managers. Also at Chancellor, Mr. Moeller worked as an equity analyst and was responsible for researching and rating companies in the economically sensitive automobile and housing industries for investment in Chancellor’s equity portfolio.   Prior to joining Chancellor, Mr. Moeller was an Economist at Citibank from 1979 to 1984.   He also analyzed pricing behavior in the metals industry for the Council on Wage and Price Stability in Washington, D.C.   In 1999, Mr. Moeller received the award for most accurate forecast from the Forecasters' Club of New York. From 1990 to 1992 he was President of the New York Association for Business Economists.   Mr. Moeller earned an M.B.A. in Finance from Fordham University, where he graduated in 1987. He holds a Bachelor of Arts in Economics from George Washington University.

Publications by Tom Moeller

• Global| Oct 29 2019

  U.S. Gasoline Prices Decline While Crude Oil Costs Rise

  In the week ended October 28, U.S. gasoline prices at the pump fell to $2.60 per gallon (-7.6% y/y) compared to $2.64 during the previous week. It was the lowest price in six weeks. Weaker seasonal demand accounted for most of last [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 28 2019

  Texas Factory Sector Activity Weakens; Prices Improve

  The Federal Reserve Bank of Dallas reported in its Texas Manufacturing Outlook Survey that the General Business Activity Index declined to -5.1 during October after falling to 1.5 in September. It remained down sharply from the [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 28 2019

  Chicago Fed National Activity Index Falls Sharply

  The Federal Reserve Bank of Chicago reported that its National Activity Index declined to -0.45 during September from 0.15 in August, revised from 0.10. It was the lowest index level since April. The three-month moving average, which [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 25 2019

  Kansas City Federal Reserve Factory Index Drifts Lower; Expectations Weaken

  For the fourth consecutive month, the Federal Reserve Bank of Kansas City reported that its index of regional manufacturing business activity remained below zero. In October, the index eased to -3 from -2 in September. These negative [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 24 2019

  U.S. New Home Sales & Prices Weaken

  Sales of new single-family homes fell 0.7% (+15.5% y/y) during September to 701,000 (SAAR)........ The data in this report are available in Haver's USECON database. The consensus expectation figure from Action Economics is available [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 24 2019

  U.S. New Home Sales & Prices Weaken

  Sales of new single-family homes fell 0.7% (+15.5% y/y) during September to 701,000 (SAAR) from 706,000 in August, revised from 713,000. Sales of 700,000 had been expected in the Action Economics Forecast Survey. These sales are [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 24 2019

  U.S. Durable Goods Orders Falter; Core Capital Goods Orders Drop Again

  Manufacturers' orders for durable goods declined 1.1% (-5.4% y/y) during September following a 0.3% August rise, revised from 0.2%. A 0.9% decline had been expected in the Action Economics Forecast Survey. Orders for nondefense [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 23 2019

  U.S. Mortgage Applications Fall Sharply as Interest Rates Rise

  The Mortgage Bankers Association reported that its Mortgage Loan Index declined 11.9% (+53.6% y/y) during the week ending October 18, following a 0.5% improvement in the previous week. Applications to refinance a loan plunged 17.1% [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 23 2019

  U.S. FHFA House Price Appreciation Continues to Moderate

  The Federal Housing Finance Agency (FHFA) Price Index increased 0.2% in August, following an unrevised 0.4% increase in July. During the last twelve months, home prices improved 4.6%, the weakest growth since late 2014. That growth [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 22 2019

  U.S. Existing Home Sales Decline

  The National Association of Realtors (NAR) reported that sales of existing homes fell 2.2% (+3.9% y/y) during September to 5.380 million from 5.50 million in August, revised from 5.490 million. The Action Economics Forecast Survey [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 22 2019

  Philadelphia Fed Nonmanufacturing Business Activity Weakens Again

  The Federal Reserve Bank of Philadelphia reported that its Nonmanufacturing Business Index of current conditions at the company level fell to 8.7 during October after declining to 29.4 in September. Nevertheless, the index of expected [...]

  by:Tom Moeller

  |in:Economy in Brief
• Global| Oct 22 2019

  U.S. Gasoline & Crude Oil Prices Are Little Changed

  In the week ended October 21, the U.S. pump price for gasoline of $2.64 per gallon (-7.1% y/y) compared to $2.63 during the previous week. Haver Analytics adjusts these price figures for seasonal variation. The seasonally-adjusted [...]

  by:Tom Moeller

  |in:Economy in Brief